Market Overview
Home Prices in Averill Park, NY
The median home value in Averill Park, NY is $399,821 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 9.7% compared to a year ago and up 4.2% from two years prior.
Compared to the U.S. national median of $410,000, homes in Averill Park are priced2% below average. Averill Park is part of the Albany-Schenectady-Troy, NY metro area.
Over the past five years, Averill Park home values have risen by approximately34.6%, reflecting strong long-term appreciation in this market.
Price History
Averill Park Home Price Trend
City Comparison
Averill Park vs. National Median
At $399,821, homes in Averill Park cost 2% below the national median of $410,000. This makes Averill Park a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Averill Park?
20% Down Payment
$79,964
on $399,821
Monthly P&I
$2,085/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,648/mo
incl. taxes & insurance
Income Needed
$105,920
gross annual (30% rule)
10% Down Option
$39,982
+ PMI applies
Loan Amount (20% dn)
$319,857
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Averill Park, NY?
The median home value in Averill Park is $399,821 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 9.7% year-over-year.
How much have home prices changed in Averill Park?
Over the past year, home values in Averill Park have increased by 9.7%. Over five years, prices have risen approximately 34.6%.
How much do I need to earn to buy a home in Averill Park?
To comfortably afford the median home price of $399,821 with a 20% down payment ($79,964) at today's rates (6.8%), you'd need a gross annual income of approximately $105,920. This assumes keeping total housing costs at or below 30% of gross income.
How does Averill Park compare to the national average home price?
The national median home value is approximately $410,000. At $399,821, homes in Averill Park are 2% below the national average.
What metro area is Averill Park part of?
Averill Park is part of the Albany-Schenectady-Troy, NY metropolitan area. Home prices and market conditions can vary across the broader metro region.